Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Results of Entitlement Issue

by admin August 9, 2024
August 9, 2024
Results of Entitlement Issue

Jindalee Lithium Limited (ABN 52 064 121 133) (Jindalee, the Company) is pleased to announce the results of its non-renounceable pro-rata entitlement offer of fully paid ordinary shares (New Shares) on the basis of one (1) New Share for every six (6) shares held at 5pm AWST on 15 July 2024 (Record Date), together with two (2) attaching options for every two (2) New Shares subscribed for (Attaching Options) to raise up to approximately $3.1 million (Entitlement Issue).

The Entitlement Issue was offered to persons registered as a holder of Company Shares as at the Record Date with a registered address in Australia or New Zealand as identified in the Prospectus dated 10 July 2024 (Eligible Shareholders). Eligible Shareholders were also able to apply for additional New Shares and Attaching Options not subscribed for pursuant to the Entitlement Offer (Top-Up Offer).

A summary of the results of the Entitlement Offer are as follows:

An Appendix 2A will be lodged following release of this announcement in relation to the application for quotation of 8,315,511 New Shares and 8,315,334 Attaching Options.

Jindalee’s CEO Ian Rodger commented:

“I would like to thank all shareholders who participated in Jindalee’s Entitlement Issue. Your support is crucial, and we’re grateful for your confidence in our vision. The funds raised will be key in advancing the optimised Pre- Feasibility Study at our McDermitt Lithium Project. With McDermitt being the largest lithium resource in the USA, we see it as a pivotal asset in the development of America’s domestic battery material supply chains.

We appreciate your continued trust in Jindalee and look forward to achieving great milestones together.”

Authorised for release by the Jindalee Board of Directors.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Bitcoin: A Price History of the First Cryptocurrency (Updated 2024)
next post
True North Copper Updates Vero Copper-Silver Resource

Related Posts

More High-Grade Gold & Silver Confirmed at Dynasty...

May 15, 2024

Metro Mining: Pure-Play Low-cost Producer of High-grade Australian...

March 21, 2025

Forward Water Technologies Completes Non-Brokered Private Placement of...

May 25, 2024

Trident Royalties PLC Announces Portfolio Update: First Gold...

May 24, 2024

5 Best-performing Canadian Silver Stocks of 2024

October 23, 2024

Top 3 Canadian Graphite Stocks in 2024

December 18, 2024

Nickel Price Forecast: Top Trends for Nickel in...

January 11, 2025

A Look at Historical Copper Prices (Updated 2024)

June 29, 2024

Spodumene Pegmatite Discovery at Esperança Project in Brazil...

November 18, 2024

Editor’s Picks: Miners Rescued, US Mine Waste Strategy,...

July 26, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • US sanctions Palestinian Authority officials after rejecting global push to give it control of Gaza

      August 1, 2025
    • US, UK and a dozen other nations call out Iran attempts to ‘kill, kidnap, harass’ citizens

      August 1, 2025
    • Banned chemicals found in American shampoo, sunscreen and tampons across major brands

      August 1, 2025
    • Homesick GOP senators mull throwing out the rules over stonewalling Dems

      August 1, 2025
    • Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off’ constituents, WH claims

      August 1, 2025

    Categories

    • Business (1,046)
    • Investing (2,743)
    • Politics (3,370)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved